Question: Who Is Owner Of UCO Bank?

When was UCO Nationalised?

July 1969UCO Bank was incorporated in the year 1943 as The United Commercial Bank Limited.

In July 1969, the Bank was nationalized and 100 per cent ownership was taken over by the Government of India.

Thereafter the Bank expanded rapidly.

In December 30, 1985 the name of the Bank was changed to UCO Bank..

What is the full name of UCO Bank?

United Commercial BankUCO Bank, (Hindi:यूको बैंक) formerly United Commercial Bank, established in 1943 in Kolkata, is a major government-owned commercial bank of India.

Which is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Is UCO Bank merged with any bank?

5) Customers, including depositors of merging banks will be treated as customers of the banks in which these banks have been merged with effect from 1 April 2020. … -Six independent banks – Indian Overseas Bank, Uco Bank, Bank of Maharashtra, Punjab and Sind Bank, Bank of India, Central Bank of India.

Is Yes Bank a Nationalised bank?

Yes Bank Ltd will not be nationalised under the government’s plan to bail out the private lender with the help of State Bank of India (SBI)-led consortium that would acquire stake in the bank, sources aware of the development said.

Which bank is government bank?

List of nationalized banks in India. The Central Bank of India – RBI, in its official website has listed the following 19 banks as nationalized banks. The major nationalized banks in India are State Bank of India (SBI), Punjab National Bank (PNB), Bank of Baroda (BOB), Canara Bank, Union Bank of India and so on.

Where is UCO Bank head office?

Kolkata, IndiaUCO Bank/Headquarters

How many branches does UCO Bank have?

With a countrywide network of more than 3000 service units which includes specialised and computerised branches in India and overseas, UCO Bank has marched into the 21st Century matched with dynamism and growth.

What does UCO stand for?

UCOAcronymDefinitionUCOUnder Cover Officer (various locations)UCOUnder Cover OfUCOUnited Cooperatives of OntarioUCOUSB (Universal Serial Bus) Conversion Option (cable; various companies)17 more rows

Is UCO Bank shutting down?

“Nine banks will be closed permanently by Reserve Bank of India. … The names of the banks are Corporation Bank, UCO Bank, IDBI, Bank of Maharashtra, Andhra Bank, Indian Overseas Bank, Central Bank of India, Dena Bank and United Bank of India.

How can I complain to UCO Bank?

Complaint may be lodged at Bank’s call centre on Toll free no. 18002740123 which is accessible on 24/7 basis. Customer can submit their grievance by e-mail at Complaint received by mail shall be acknowledged by e-mail to the extent possible.

Which bank is safest in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

Who is the founder of UCO Bank?

Ghanshyam Das BirlaUCO Bank/FoundersThe idea of a truly Indian bank was first conceived of by Mr. G.D Birla, the doyen of Indian Industrial renaissance, after the historic “Quit India” movement in 1942. Soon this nascent idea came into reality and, on the 6th of January 1943, The United Commercial Bank Ltd.

Is UCO a government bank?

UCO Bank, formerly United Commercial Bank, established in 1943 in Kolkata, is a major government-owned commercial bank of India. During FY 2013–14, its total business was ₹ 4.55 lakh crore.

Who is the MD and CEO of UCO Bank?

Atul Kumar Goel (Nov 2, 2018–)UCO Bank/CEOShri Atul Kumar Goel – MD & CEO Born on December 26,1964, Shri Atul Kumar Goel assumed the charge as Managing Director & Chief Executive Officer of UCO Bank on November 02, 2018.

What is the salary of UCO Bank PO?

Probationary Officer SalariesJob TitleSalaryUCO Bank Probationary Officer salaries – 5 salaries reported₹44,093/moAndhra Bank Probationary Officer salaries – 4 salaries reported₹36,775/moMuthoot Finance Probationary Officer salaries – 3 salaries reported₹252,762/yr17 more rows

What 3 banks merged 2019?

BoB, Dena Bank and Vijaya Bank Merged Together on April 1, 2019. State-run Bank of Baroda has now become India’s second largest public sector bank after its merger with Dena and Vijaya Bank respectively. The amalgamation of the two lenders with BOB, will be effective from 1 April, 2019.